Party's Bonus Bonanza

[WSOPWinner2005]

Anyone realize how much bonus money party has paid out lately? I have literally $675 in cleared bonuses since 12/17/04 at Party Poker - once I clear the $200 bonus I just deposited and got tonight. Which should be Sunday (I have a busy weekend and REALLY not in the mood to play tonight to be honest)

Over $650 in a month pretty much, then Baulucka's post about buying bonuses ? I think party is hurting from the serious players who play 4 - 8 tables who got their start at party, learned about rakeback, and kicked over to sites that openly offer Rake Back (when setup properly of course).

So now party says, O.K. We will open up that game and let you pay out under us as well. They start this agressively after they see the impact empire has had on them. They realize that players are staying at the second site they signed up for to get the rake back and use their party accounts for bonuses only.

So, what is a logical way to solve this problem for party ?

Fire away, I have my own ideas but I'm not posting them. If you feel like airing yours in public feel free. I will state this much, I think Baulucky's idea is bad for the site, but will increase competition amongst the sites.

Bottom line is there is only one simple answer I can think of : Party takes this damn rewards program they offer and set it up as a 30% rake kickback and do not charge affiliates for it if the player generates over say $5,000 a month in Total Rake, if they don't provide that much rake than they (the affiliate) has to pay a certain percentage of the 30% kick back.

Affiliates are probably screaming "BLOODY MURDER" - But what they don't realize is ALOT of people (I would venture 60% of SERIOUS players playing at party that do more than clear bonuses) have a rake back elsewhere. If they are offered 30% on top of any rake back deal you may have with them they are set AND will play more - hopefully including the fish to level out the efect of multi tablers.

Hell if you quit offering rake abck and just the 30% goes to us - we are still happy (But we try to get half of the affiliates income of course and an affiliate war would be set to be written in the history books)

Also what are people's thoughts on the proper amount of tables each party skin should allow, and whether changes here would impact the level of multi tablers to average joe's ? I think a devoted player will just 10 table across 5 sites if he really wants to, just wanted to see what others thoughts were on this ..

Thoughts?

[WSOPWinner2005]

Of course for this to be profitable to party, a minimum number of hands would be required (or rake) to be in this 'elite' club - no less than $5,000 in rake a month for the first level paying out say 15% - 20% and so on from there...

[detroitplayer]

I have a question about reload bonuses... does one have to bring their account down to zero to qualify? IE, if I have $500 in party, and they start a reload bonus, do I have to cash out the $500 first, and then re-deposit, or do I just have to add more money to my existing account?

This is just a general question for how all sites work, not just party.

[WSOPWinner2005]

Doesn't matter, u could have $3,000,000 and get the deposit bonus or $0

[detroitplayer]

Thanks for the info. Seemed strange to me because I don't understand how giving free money to people who already have their rolls in play and are playing is profitable? Or is it just because of the possible increase in play by people trying to clear?

Also, lets say someone has $500 in party, and that is all they have set aside for their roll and dind't have (or want to) put anymore in play... could they cash out and redeposit?

[WSOPWinner2005]

Those aren't deposit bonuses - those are cashout restricted bonuses.. big difference..

cashout bonuses cash put in players account to play with right away

deposit bonus must clear X hands before you get the money

[detroitplayer]

What are you talking about? What's a cashout bonus?

The only thing I am talking about are bonuses that require deposits to be made and hands to be played to clear the bonus.

[WSOPWinner2005]

I'm suprised noone has anything at all to say here.... ???

As defined by Webster's dictionary...

Cashout restricted bonus : Money is applied to your poker account at the site you are playing with under the assumption you will play the required number of hands they request. If you do not complete the hands in time they remove the money from your account. There are discrepencies as to whether they will remove the amount from future deposits if the bonus period passed and the WR were not met. Also if you have a bonus such as this for $100 you will not be able to cashout leaving LESS than $100 in your account until the WR are met

Deposit Bonus - you deposit money & have to play a certain # of hands prior to having the bonus released, once released it is your money cashout do whatever you want with it.

[J_B]

On party, can I withdraw all the $$$ from my account and then redeposit to get the bonus? Or is that a big nono?

Thanks,
JB

[J_B]

qactually, think you guys answered it after reading more// too tired